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.Management Sciences
A. The richest 10 per cent of the population has had a bigger percentage increase in incomes over the past 10 years than the poorest 10 percent
B. Inflation is rising
C. The proportion of people’s income paid in taxes is higher under this government than under the previous one.
D. Inequality in the distribution of income is a more serious problem than unemployment
Related Mcqs:
- The circular flow of goods and incomes shows the relationship between?
- A. Wages and salaries. B. income and money C. goods and services. firms and households...
- In a free market?
- A. government intervenes B. government plan production C. government interferes D. Prices adjust to reconcile scarcity and desires...
- The retail price index is used to__________________?
- A. construct price lists B. compare shop prices C. measure changes in the cost of living D. None of the above...
- Unemployment means that ?
- A. there is excess demand in the labour market B. there are some people who will not work at the going wage rate. C. people are not willing to work at the going wage rate. D. at the going wage rate, there are people who want to work but cannot find work....
- Macroeconomics is the study of ?
- A. individual building blocks in the economy B. the relationship between different sectors on the economy C. household purchase decisions D. the economy as a whole...
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